COPENHAGEN – Danske Bank’s chief executive Thomas Borgen resigned on Sept. 19 after an investigation revealed payments totaling 200 billion euros ($234 billion) through its small Estonian branch, many of which the bank said were suspicious.
Reuters: Danske Bank CEO quits over $234 billion money laundering scandal
Thomas Borgen (C), CEO of Denmark's largest lender Danske Bank, is pictured prior to a press conference about the money laundering scandal in the bank on Sept. 19, at the Tivoli Kongres Center in Copenhagen.
